Lenders One® Optimizes Technology Vendors

  Lenders One® Optimizes Technology Vendors

      Mobile and Marketing Automation Added to Member Benefits Platform

Business Wire

ST. LOUIS -- May 13, 2014

The Lenders One Mortgage Cooperative, a national alliance of community
mortgage bankers, correspondent lenders and suppliers of mortgage products and
services, recently added two new vendors to help its lender members respond to
the changing digital preferences of homebuyers. Easy Mortgage Apps and The
Turning Point were announced to Lenders One members at the recent biannual
conference.

“We know homebuyers today are going online to research information about
homes, home values and mortgage information,” said Jeff McGuiness, CEO of
Lenders One. “The best-in-class technology solutions offered on our vendor
platform enable our members to take advantage of the anytime, anywhere nature
of the modern sales cycle.”

Easy Mortgage Apps allows loan officers to better serve consumers and real
estate agents. With the private-label software, loan officers, borrowers and
real estate agents can track an application status, communicate with all
relevant parties and securely share time sensitive data from any mobile
device. “Leveraging technology to make the home lending process more efficient
and transparent is how we got started,” said Michael Kelleher, founder and
executive vice president of Easy Mortgage Apps. “Our goal is to deliver a
mobile-centric solution to minimize latency while improving efficiency and
productivity, which aligns perfectly with the Lenders One mission.”

The Turning Point's MACH3 is a robust marketing automation platform that
digitally connects companies, loan officers, their clients and referral
sources. The Turning Point’s compliant, easy-to-use, turnkey platform helps
maximize the potential of loan officers and mortgage customers, delivering
measurable improvements in sales and productivity.

“The Turning Point is delighted to help bring a holistic, compliant,
technology-driven marketing solution to the Lenders One membership,” commented
Brandon Perry, president of The Turning Point. “When applied in a thoughtful
manner, data-driven marketing can have enormous impact on growth in any market
cycle. We are delighted to offer our MACH3 platform and expertise to the
membership of Lenders One.”

“With the increased prevalence of technology in our day-to-day lives, lenders
must keep up and deliver content and services to clients in their preferred
format,” McGuiness concluded. “Lenders One is committed to ensuring that the
scope of our member benefits are relevant in every environment.”

About Lenders One Mortgage Cooperative

Lenders One (www.LendersOne.com) was established in 2000 as a national
alliance of independent mortgage bankers, correspondent lenders and suppliers
of mortgage products and services. Members of the St. Louis-based platform
originated more than $224 billion in mortgages in 2013; collectively ranking
as one of the largest retail mortgage origination entities in the U.S. Lenders
One, nearly 275 lender members strong, is managed by a subsidiary of
Altisource Portfolio Solutions, S.A.

About Altisource^®

Altisource Portfolio Solutions S. A. (NASDAQ: ASPS) is a premier marketplace
and transaction solutions provider for the real estate, mortgage and consumer
debt industries offering both distribution and content. We leverage
proprietary business process, vendor and electronic payment management
software and behavioral science based analytics to improve outcomes for
marketplace participants. Additional information is available at
www.altisource.com.

Contact:

Investor Contact:
Altisource
Michelle Esterman, +352 2469 7950
Chief Financial Officer
Michelle.Esterman@Altisource.lu
or
Press Contact:
Lenders One
Kristi Kovalak, 314-817-1313
Director of Marketing
KKovalak@LendersOne.com
 
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